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UPDATE 3-NAFTA future clouds Kansas City Southern earnings beat

Jan 19 (Reuters) - Kansas City Southern, a U.S. railroad with extensive operations in Mexico, sought to ease investor fears on Friday over the future of the North American Free Trade Agreement, touting forecasts of solid freight volumes and a stronger economy in 2018.

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Amazon boosts monthly fee for Prime by $2, maintains yearly rate

(Reuters) - Amazon.com Inc raised the monthly fee for the U.S. version of its fast-shipping and video-streaming service Amazon Prime by $2 on Friday, making the case for subscribers to upgrade to an annual plan.

companyNews reuters.com

UPDATE 2-NAFTA future clouds Kansas City Southern earnings beat

Jan 19 (Reuters) - Kansas City Southern, a U.S. railroad with extensive operations in Mexico, sought to ease investor fears on Friday over the future of the North American Free Trade Agreement, touting forecasts of solid freight volumes and a stronger economy in 2018.

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North Korea cancels visit to prepare for Olympics in South - ministry

(Reuters) - North Korea has canceled the planned visit of a delegation to South Korea to prepare for a trip by an art troupe during next month's Winter Olympics, South Korean authorities said on Friday.

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Amazon raises monthly fee for Prime service by 18 percent

(Reuters) - Amazon.com Inc on Friday raised the monthly fee for Amazon Prime, its fast-shipping and video-streaming service, to $12.99 from $10.99, while maintaining the annual fee.

technologyNews reuters.com

IBM shares fall on soft profit outlook

(Reuters) - Shares in International Business Machines fell 2.6 percent on Friday as analysts judged a "disappointing" full-year profit forecast showed that the company would take more time to get back on a path of steady growth.

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U.S. CFTC sues three virtual currency operators for fraud

WASHINGTON (Reuters) - The U.S. derivatives watchdog said on Friday that it has filed charges against three separate virtual currency operators alleging the defendants had defrauded customers and broken other commodity trading rules, in a further sign regulators globally are cracking down on the emerging asset class.

environmentNews reuters.com

Wild reindeer foil wind farm plan in southern Norway

OSLO (Reuters) - Norway rejected construction of a wind farm on Friday over concerns it could harm wild reindeer in southern mountains that are home to the last remaining viable populations in Europe.

companyNews reuters.com

UPDATE 1-Commodity volumes lift Kansas City Southern quarterly profit, beats on revenue

Jan 19 (Reuters) - Kansas City Southern, a regional U.S. railroad with extensive operations in Mexico, reported a higher quarterly net profit on Friday, driven by revenue growth in 2017 in all six of the commodities it hauls and changes in U.S. tax law. The Kansas City, Missouri-based company posted fourth-quarter net income of $552 million, or $5.33 per diluted share, up from $130 million, or $1.21 per diluted share a year earlier.

technologyNews reuters.com

Xiaomi to expand store network in Indian tussle with Samsung

MUMBAI (Reuters) - China's Xiaomi plans to expand its Indian store network as it attempts to grab the lead in a smartphone market which Korea's Samsung has dominated for more than five years.

technologyNews reuters.com

India sends tax notices to cryptocurrency investors as trading hits $3.5 billion

NEW DELHI (Reuters) - India has sent tax notices to tens of thousands of people dealing in cryptocurrency after a nationwide survey showed more than $3.5 billion worth of transactions have been conducted over a 17-month period, the income tax department said.

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China targets cryptocurrencies in online pyramid scheme crackdown

(Reuters) - China will crack down on online pyramid schemes, including speculation masked as cryptocurrencies and online games, the public security ministry said on Friday.

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Huawei founder, top executives to pay $469,000 fine for management oversight

HONG KONG (Reuters) - Top executives of Huawei Technologies Co [HWT.UL], including founder Ren Zhengfei, will pay a self-imposed fine totaling 3 million yuan ($469,000) for management oversight of some quality breaches at the firm, an internal company memo shows.

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Bitcoin use under scrutiny in Indonesian island of Bali

JAKARTA/KUTA, Indonesia (Reuters) - Indonesian authorities are investigating the use of bitcoin in the holiday island of Bali, amid warnings by the central bank in Southeast Asia's biggest economy over the risks posed by virtual currencies, an official said.

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Thaw on the way in southern United States

ATLANTA (Reuters) - Commuters in the southern United States will wake up to more frigid temperatures and slick roads Friday, but a thaw is expected by the weekend, forecasters say.

technologyNews reuters.com

Google announces patent agreement with Tencent amid China push

BEIJING (Reuters) - Alphabet Inc's Google has agreed to a patent licensing deal with Tencent Holdings Ltd as it looks for ways to expand in China where many of its products, such as app store, search engine and email service, are blocked by regulators.

businessNews reuters.com

South Korean group files complaint against Apple CEO over iPhone slowdown

SEOUL (Reuters) - A South Korean consumer group has filed a criminal complaint against Apple Inc CEO Tim Cook over slower iPhone devices, after probes in Europe into allegations the firm had deliberately shortened the life of its handsets.

worldNews reuters.com

South Korea President Moon's approval rating drops on Olympics furor

SEOUL (Reuters) - South Korean President Moon Jae-in's approval rating has fallen to a four-month low, a poll showed on Friday, after a public backlash over a decision for South and North Korea to field a joint ice hockey team at next month's Winter Olympics.

companyNews reuters.com

S.Korean group files complaint against Apple CEO over iPhone slowdown

SEOUL, Jan 19 (Reuters) - A South Korean consumer group has filed a criminal complaint against Apple Inc CEO Tim Cook over slower iPhone devices, after probes in Europe into allegations the firm had deliberately shortened the life of its handsets.

technologyNews reuters.com

Apollo-owned security firm ADT's IPO prices below target

(Reuters) - U.S. security company ADT Corp , owned by private equity firm Apollo Global Management LLC , said on Thursday its initial public offering (IPO) was priced well below its expected range, signaling investors are being picky about new offerings.

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Slick driving on icy roads after deadly storm across U.S. South

ATLANTA (Reuters) - Commuters in the U.S. South endured frigid temperatures and slick driving conditions on Thursday after a storm dumped heavy snow across the region, whipped up winds that snapped power lines and led to at least a dozen deaths.

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Home security company ADT Inc's IPO priced at $14 per share

(Reuters) - ADT Inc, a provider of security monitoring services, said on Thursday that its initial public offering was priced at $14 per share, below the expected range of $17 to $19.

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Apple to release software update to resolve iPhone slowdown: CEO

(Reuters) - Apple Inc will release a software update that will allow users to turn off a feature that slows down iPhones when batteries are low on charge, Chief Executive Tim Cook told ABC News.

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Amazon's review of Toronto could escalate tension with Trump

TORONTO (Reuters) - Amazon.com Inc's inclusion of Canada's largest city on a list of 20 finalists for a massive new campus could escalate tensions between the tech giant and U.S. President Donald Trump.

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Fears of global crackdown fail to dampen cryptocurrency interest

MIAMI (Reuters) - Worries about a crackdown by global regulators on cryptocurrency trading could slow the pace of bitcoin's rise but should not threaten its existence, investors and market participants at a cryptocurrency conference said on Thursday.

businessNews reuters.com

Brazilian prosecutors ask BNY Mellon unit to return $2.5 billion to local fund

SAO PAULO (Reuters) - Brazilian prosecutors asked on Thursday that the local unit of Bank of New York Mellon Corp return 8.2 billion reais ($2.56 billion) to local pension fund Postalis, according to a statement.

businessNews reuters.com

CIBC eyes FirstCaribbean valuation around $1.4 billion: sources

TORONTO (Reuters) - Canadian Imperial Bank of Commerce is targeting a valuation of 10 times earnings for the potential listing of its FirstCaribbean business in New York, which would give it a market value of around $1.4 billion, five sources familiar with the matter told Reuters over the past week.

lifestyleMolt reuters.com

Hundreds commemorate Jewish sage at his tomb in southern Israel

NETIVOT, Israel (Reuters) - Hundreds of Jewish worshippers made a pilgrimage on Thursday to the tomb in southern Israel of a sage revered by his followers as a miracle-maker.

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Amazon shortlists 20 cities, including Toronto, for second headquarters

(Reuters) - Amazon.com Inc has short-listed 20 cities and regions, including Canada's Toronto, for the construction of a second headquarters that it says will generate 50,000 new, high-paying jobs in a $5 billion investment.

technologyNews reuters.com

Italy's anti-trust opens probe into Apple, Samsung phone complaints

ROME (Reuters) - Italy's antitrust has opened a probe into allegations that Apple Inc. and Samsung Electronics Co Ltd used software updates deliberately to speed up the ageing process of their products.

domesticNews reuters.com

Norfolk Southern pushing for 'more stable' rail service in 2018: CEO

LOMBARD, Ill. (Reuters) - Norfolk Southern Corp is working toward a "more stable, resilient" network for 2018 following service issues in recent months, the No. 4 U.S. railroad's top executive said on Thursday.

technologyNews reuters.com

Software AG takes hit on U.S. tax reform

FRANKFURT (Reuters) - Germany's Software AG on Thursday said it would take a hit in the mid-single digit million euros range for 2017 due to U.S. federal tax reforms.

technologyNews reuters.com

Eni launches world's biggest industrial supercomputer

MILAN (Reuters) - Italian oil and gas group Eni said on Thursday it had installed new capacity at its supercomputing centre near Milan to create the world's most powerful industrial computer.

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Commuters in U.S. South cope with ice after deadly storm

ATLANTA (Reuters) - Commuters in the U.S. South grappled with frigid temperatures and slick driving conditions on Thursday after a storm dumped heavy snow across the region, whipped up winds that snapped power lines and led to the deaths of at least nine people.

technologyNews reuters.com

France, Germany to make joint bitcoin regulation proposal at G20 summit

PARIS (Reuters) - France and Germany will make joint proposals to regulate the bitcoin cryptocurrency at the next summit of the G20 group of major economies in Argentina in March, French Finance Minister Bruno Le Maire said on Thursday.

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Reedeux Media seeks IPO after first coin offering sells out

(Reuters) - U.S. tech startup Reedeux Media said it plans to list on the Nasdaq exchange later this year, seeking a valuation of up to $1 billion after selling out the first tranche of its media cryptocurrency coin offering on Thursday.

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Schneider Electric says software bug exploited in watershed hack

TORONTO (Reuters) - Schneider Electric SE disclosed on Thursday that hackers exploited a flaw in its software in a watershed hack discovered last month that halted plant operations at an industrial facility.

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Carl Icahn seeks revision or termination of Xerox-Fujifilm deal

(Reuters) - Xerox Corp investor Carl Icahn on Thursday said he agreed with fellow stakeholder Darwin Deason that a joint venture between Xerox and Fujifilm Holdings should be revised or terminated, and reiterated a change in leadership.

cnn.com

Cities ranging from New York and LA to Columbus, Ohio are in the running to land the $5 billion campus

technologyNews reuters.com

Amazon shortlists 20 cities for second headquarters

(Reuters) - Amazon.com Inc has short-listed 20 cities, including one in Canada, to build its second headquarters after reviewing 238 proposals and expects to make a decision this year, it said on Thursday.

technologyNews reuters.com

Carl Icahn seeks revision of Xerox-Fujifilm deal

(Reuters) - Xerox Corp investor Carl Icahn on Thursday said he agreed with fellow shareholder Darwin Deason that a joint venture between Xerox and Fujifilm Holdings should be revised or terminated.

businessNews reuters.com

Emirates hands Airbus A380 superjumbo a lifeline with $16 billion order

NANTES, France (Reuters) - Emirates announced a deal for up to 36 Airbus A380 aircraft on Thursday worth as much as $16 billion at list prices, saving the world's biggest passenger jet from death row and securing its future for at least another decade.

technologyNews reuters.com

Swiss task force to look into blockchain oversight

ZURICH (Reuters) - Switzerland has set up a working group to look into oversight of blockchain technology and initial coin offerings (ICOs) and report back to the government by the end of this year.

businessNews reuters.com

Emirates hands Airbus A380 superjumbo lifeline with $16 billion order

NANTES, France (Reuters) - Emirates announced a deal for up to 36 Airbus A380 aircraft on Thursday worth as much as $16 billion at list prices, saving the world's biggest passenger jet from death row and securing its future for at least another decade.

sportsNews reuters.com

Short track still Korea's most likely path to gold

(Reuters) - While there has been much handwringing over sluggish ticket sales for the Pyeongchang Winter Olympics, empty seats will not be an issue inside the Gangneung Ice Arena when short track speed skating is in session.

environmentNews reuters.com

Commuters in U.S. South face tough trek after deadly storm

ATLANTA (Reuters) - Commuters in the U.S. South faced frigid temperatures and dangerously slick roads on Thursday after a winter storm, responsible for at least eight deaths, thrashed the region with heavy snow and winds that snapped power lines.

technologyNews reuters.com

Google, Temasek investing in Indonesia's Go-Jek as ride-hailing rivalry deepens: sources

SINGAPORE (Reuters) - Google, Singapore investor Temasek and China's Meituan-Dianping are investing in Go-Jek as part of a $1.2 billion fundraising round, bolstering the Indonesian ride-hailing firm in its battle with deep-pocketed rivals Grab and Uber, sources said.

businessNews reuters.com

Emirates hands A380 superjumbo lifeline with $16 billion order

NANTES, France (Reuters) - Emirates announced a deal for up to 36 Airbus A380 aircraft on Thursday worth as much as $16 billion at list prices, saving the world's biggest passenger jet from death row and securing its future for at least another decade.

technologyNews reuters.com

Goldman Sachs, Wells Fargo and others invest $38 million in research tech startup

NEW YORK (Reuters) - Goldman Sachs Group Inc has led a $38 million investment round by large banks in Visible Alpha, a young New York-based company that helps investment managers better value the equity research services they receive from brokers.

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'Pyongyang Olympics?' Backlash reveals changing attitudes in South Korea

SEOUL (Reuters) - An agreement between South and North Korea to march under a unity flag and field a joint ice hockey team at next month's Olympics was met sharp criticism by many in the South on Thursday, highlighting changing attitudes toward the country's northern neighbor.

technologyNews reuters.com

Google, Temasek to come in as new investors in Indonesia's Go-Jek: sources

SINGAPORE (Reuters) - Alphabet Inc's Google, Singapore state investor Temasek and Chinese online platform Meituan-Dianping are investing in Indonesian ride-hailing start-up Go-Jek as part of a $1.2 billion fundraising round, sources familiar with the matter said.

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China's JD.com says will invest over $3 billion in "rustbelt" regions: Xinhua

SHANGHAI (Reuters) - Chinese online retailer JD.com will invest more than 20 billion yuan ($3.11 billion) in the country's northeastern "rustbelt" regions over the next three years, the Xinhua news agency reported on Thursday, citing the company.

worldNews reuters.com

South Africa's Ramaphosa talks tough on state graft, signals departure from Zuma

JOHANNESBURG (Reuters) - South African Deputy President Cyril Ramaphosa on Thursday welcomed moves taken by prosecutors against companies accused of corruption and said the ruling party would impose the policy certainty needed to attract investment to the country.

environmentNews reuters.com

U.S. South commuters face tough trek after deadly storm

ATLANTA (Reuters) - Commuters in the U.S. South face frigid temperatures and dangerously slick roads on Thursday after a deadly winter storm thrashed the region with heavy snow and winds that snapped power lines.

technologyNews reuters.com

Google, Temasek coming in as new investors in Indonesia's Go-Jek: sources

SINGAPORE (Reuters) - Alphabet Inc's Google , Singapore state investor Temasek Holdings Pte Ltd and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing start-up Go-Jek, sources familiar with the matter said.

businessNews reuters.com

Old hands in South Korea Bitcoin market unfazed by threats of ban

SEOUL/HONG KONG (Reuters) - Threats of a potential cryptocurrency trading ban in South Korea have scared many investors away, but some veterans of the young market are defiant, saying restrictions would be relatively easy to circumvent.

technologyNews reuters.com

South Korea considers shutting down domestic cryptocurrency exchanges

SEOUL (Reuters) - South Korean policymakers joined the global chorus of virtual-coin critics on Thursday, saying Seoul is considering shutting down domestic virtual currency exchanges as the new breed of market exposes users to speculative frenzy and crime.

technologyNews reuters.com

South Korea considering shutting down all virtual currency exchanges

SEOUL (Reuters) - South Korea's financial regulator chief said the government is considering shutting down all local virtual currency exchanges in a national policy committee meeting on Thursday.

Olympic Games (2018) nytimes.com

A Tricky Reunion on the Ice for North and South Korean Hockey

The two countries, who played against each other to acclaim last year, are set to field a joint women’s hockey team at the Winter Olympics next month.

technologyNews reuters.com

South Korea's financial regulator says considering shutting down all virtual currency exchanges

SEOUL (Reuters) - South Korea's financial regulator chief says the government is considering shutting down all local virtual currency exchanges in a national policy committee meeting on Thursday.

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Toshiba sees $3.7 billion balance sheet improvement from Westinghouse deal

TOKYO (Reuters) - Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group - a move that would contribute to an improvement of about 410 billion yen ($3.68 billion) in its balance sheet.

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U.S. enterprise telecoms firm Avaya trades again after bankruptcy

(Reuters) - Avaya Holdings Corp shares started trading on Wednesday on the New York Stock Exchange, the first time the enterprise telecommunications provider has been public in more than a decade.

businessNews reuters.com

Apple plans new U.S. campus, to pay $38 billion in foreign cash taxes

(Reuters) - Apple Inc will open a new campus as part of a 5-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump.

environmentNews reuters.com

Snowstorm, deep freeze leaves four dead in U.S. South

AUSTIN, Texas (Reuters) - A winter storm that caused at least four deaths in the U.S. South on Wednesday brought record low temperatures to parts of the region, where it coated roads with ice, snapped power lines and prompted schools to close.

technologyNews reuters.com

Under threat: Cyber security startups fall on harder times

SAN FRANCISCO (Reuters) - A wave of cyber attacks by criminals, spies and hacker activists should make these heady days for U.S. cyber security startups.

businessNews reuters.com

Apple plans second U.S. campus, to pay $38 billion in foreign cash taxes

(Reuters) - Apple Inc will open a second U.S. campus as part of a 5-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump.

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Tom Siebel's billion-dollar software firm raises $100 million

SAN FRANCISCO (Reuters) - C3 IoT, a software company founded and run by longtime Silicon Valley executive Thomas Siebel that helps companies collect and analyze data, has raised another $100 million in a new funding backed by TPG Growth, the company said on Wednesday.

Federal Taxes (US) nytimes.com

Apple, Capitalizing on New Tax Law, Plans to Bring Billions in Cash Back to U.S.

Less than four weeks after President Trump signed a new tax bill, Apple plans to repatriate the vast majority of its $252 billion in cash held abroad.

businessNews reuters.com

Apple to pay $38 billion in U.S. taxes on foreign cash, open new campus

(Reuters) - Apple Inc on Wednesday said it will make about $38 billion in tax payments on its overseas cash and plans to open a second U.S. campus as part of a 5-year, $30 billion U.S. investment plan.

PersonalFinance reuters.com

Sovereign investor 2017 deal values down 24 percent at $72 billion

LONDON (Reuters) - Sovereign investor deal-making fell 24 percent in 2017 to $72.5 billion as megadeals such as China Investment Corp's (CIC) bumper $13.8 billion buy of warehouse firm Logicor, which...

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Crypto stocks tumble as bitcoin selloff continues

(Reuters) - A slew of blockchain- and bitcoin-related stocks sank on Wednesday following a steep fall in the price of the cryptocurrency over the past few days on fears of regulatory clampdowns.

environmentNews reuters.com

Flights canceled, schools closed across snowy U.S. South

(Reuters) - A bitter winter storm gripped much of the South on Wednesday, prompting schools to close and causing thousands of flight delays and cancellations as snow, ice and record-breaking cold hit the region.

technologyNews reuters.com

Citi sees bitcoin potentially halving in value again

NEW YORK (Reuters) - Bitcoin may lose 50 percent of its value from its current level as fears over regulatory clamp-downs have spurred a rout among cryptocurrencies this week, Citi analysts said on Wednesday.

businessNews reuters.com

Bank of America net profit slumps on $2.9 billion tax charge, adjusted income beats

(Reuters) - Bank of America Corp's net profit nearly halved compared with a year earlier as it booked a $2.9 billion charge stemming from the new federal tax law although it beat analysts' estimates when adjusted for the charge.

Olympic Games (2018) nytimes.com

North and South Korean Teams to March as One at Olympics

The agreement is a milestone in inter-Korean sports relations, and Seoul has said in the past it hoped such a move could contribute to a political thaw.

cnn.com

North and South Korea to march together under unified flag at Winter Olympics

North and South Korean athletes will march together at the Winter Olympics opening ceremony under a unified flag representing the entire peninsula, South Korea announced Wednesday.

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IBM shares rise after Barclays double upgrade

(Reuters) - Shares in International Business Machines rose nearly 2 percent on Wednesday, helped by a double-notch upgrade for the company from Barclays ahead of fourth-quarter results on Thursday.

businessNews reuters.com

BofA net profit slumps on $2.9 billion tax charge, adjusted income beats

(Reuters) - Bank of America Corp's net profit nearly halved compared with a year earlier as it booked a $2.9 billion charge stemming from the new federal tax law although it beat analysts' estimates when adjusted for the charge.

businessNews reuters.com

Bank of America profit slumps on $2.9 billion tax charge

(Reuters) - Bank of America Corp's fourth-quarter profit nearly halved as it booked a $2.9 billion charge stemming from the new federal tax law.

businessNews reuters.com

Exclusive: J&J attracts Chinese interest for diabetes business in potential $3-4 billion deal - sources

HONG KONG (Reuters) - Chinese bidders are circling a diabetes care business owned by the world's largest healthcare company Johnson & Johnson in a deal that could fetch up to $4 billion, five people with direct knowledge told Reuters.

technologyNews reuters.com

Philippine lawmakers worry China Telecom may be a 'Trojan horse'

MANILA (Reuters) - Opposition members of the Philippine Congress raised concern on Wednesday that China Telecom Corp Ltd, which may enter the Philippine industry, could be a "Trojan horse" aimed at giving China access to state secrets.

cnn.com

Snow comes to the South, bringing frigid temps

From Texas to Maine, a storm swept in frigid temperatures and snow, putting portions of 23 states and more than 70 million people under winter weather alerts.

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Standard Chartered creates fintech investment unit

LONDON (Reuters) - Standard Chartered said on Wednesday it had established a business unit to invest in financial technology and promote innovation.

companyNews reuters.com

BRIEF-South African competition tribunal approves Maseve Mine sale transaction

* SOUTH AFRICAN COMPETITION TRIBUNAL APPROVES MASEVE MINE SALE TRANSACTION Source text for Eikon: Further company coverage:

sportsNews reuters.com

North Korea to send 230-strong cheering squad to Olympics in South, says Seoul

SEOUL (Reuters) - North Korea will send around 230 people as a single cheering squad to the Winter Olympics in the South next month, South Korea's unification ministry said in a statement after officials from the two Koreas held talks on Wednesday.

technologyNews reuters.com

YouTube again revises rules to protect advertisers from offensive content

SAN FRANCISCO (Reuters) - Alphabet Inc's Google is making its second attempt in less than a year to protect advertisers on its YouTube user channels from being associated with videos featuring violence, gore or bad language.

technologyNews reuters.com

Senate advances bill to renew NSA's internet surveillance program

WASHINGTON (Reuters) - The U.S. Senate on Tuesday advanced a bill to renew the National Security Agency's warrantless internet surveillance program, as a final push by privacy advocates to derail the measure came up short.

businessNews reuters.com

GE reignites break-up talk after $11 billion insurance, tax hit

NEW YORK (Reuters) - General Electric Co indicated it is looking closely at breaking itself up on Tuesday as the conglomerate announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.

technologyNews reuters.com

Chinese carmaker Chery to use Nvidia's self-driving technology

(Reuters) - Nvidia Corp said on Tuesday China's Chery Automobile Co [CHERY.UL] would use its self-driving technology that it has developed with Baidu and ZF Friedrichshafen AG [ZFF.UL].

businessNews reuters.com

GE renews break-up talk after $11 billion insurance, tax hit

(Reuters) - General Electric Co again raised the prospect of breaking up the conglomerate on Tuesday as it announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.

businessNews reuters.com

Health-conscious Nestle sells U.S. candy to Ferrero for $2.8 billion

LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products.

topNews reuters.com

U.S.-led meeting urges North Korea pressure despite North-South detente

VANCOUVER (Reuters) - The world needs to keep up pressure on North Korea to force it to abandon its nuclear weapons program and should not be fooled by a charm offensive in engaging South Korea, participants at a 20-nation meeting on North Korea said on Tuesday.

companyNews reuters.com

BRIEF-Freddie Mac Financed $73.2 Billion In Loan Purchase & Guarantee Volume For 2017​

* FREDDIE MAC - ‍ FINANCED $73.2 BILLION IN LOAN PURCHASE & GUARANTEE VOLUME FOR 2017​ Source text for Eikon: Further company coverage:

technologyNews reuters.com

Bitcoin, other cryptocurrencies tumble on government crackdown worries

LONDON/NEW YORK (Reuters) - Bitcoin slid as much as 18 percent on Tuesday to a four-week low, as worries about a regulatory crackdown on the market spread after reports suggested it was still possible that South Korea could ban trading in cryptocurrencies.

technologyNews reuters.com

U.S. warns investors over Venezuela's 'petro' cryptocurrency

WASHINGTON (Reuters) - The U.S. Treasury has warned U.S. investors to approach Venezuela's proposed "petro" cryptocurrency with caution, saying that it may contravene U.S. sanctions against the government of Venezuelan President Nicolas Maduro.

companyNews reuters.com

U.S. holiday shoppers spend record $108 billion online - Adobe

Jan 16 (Reuters) - U.S. shoppers spent a record $108 billion snapping up discounts on Amazon and other websites during the 2017 holiday season, with more people using smartphones and tablets, Adobe Analytics said on Tuesday.

businessNews reuters.com

Nestle sells U.S. candy business to Ferrero for $2.8 billion amid health push

LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path toward healthier products.

technologyNews reuters.com

Bitcoin, other cryptocurrencies tumble on govt crackdown worries

LONDON/NEW YORK (Reuters) - Bitcoin slid as much as 18 percent on Tuesday to a four-week low, as worries about a regulatory crackdown on the market spread after reports suggested it was still possible that South Korea could ban trading in cryptocurrencies.

businessNews reuters.com

Citigroup reports $18 billion loss on one-time tax items

(Reuters) - Citigroup Inc posted an $18-billion quarterly loss on Tuesday because of charges related to a new U.S. tax law, but its adjusted earnings beat Wall Street expectations and management signaled that the bank may soon lift financial performance targets.

businessNews reuters.com

GE renews break-up talk as it discloses $11 billion fourth quarter hit

(Reuters) - General Electric Co again raised the prospect of breaking up the conglomerate on Tuesday as it announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.

companyNews reuters.com

UPDATE 2-South Africa wants McKinsey and firm linked to Zuma's friends to repay $130 mln

* Opposition says Zuma should be charged over state corruption

businessNews reuters.com

GE to take $6.2 billion hit from insurance portfolio

(Reuters) - General Electric Co will take a $6.2 billion charge in its fourth quarter results for a more than decade-old insurance portfolio covering long-term healthcare costs, the company said on Tuesday.

businessNews reuters.com

Citi profit tops estimates; books $22 billion tax charge

(Reuters) - Citigroup Inc on Tuesday reported quarterly profit that topped Wall Street expectations as consumer businesses made up for lower revenue from bond and currency trading.

technologyNews reuters.com

Uber to introduce mandatory rest breaks for UK drivers

LONDON (Reuters) - Uber [UBER.UL] said on Tuesday its British drivers will have to take a six-hour break after they have accepted and made trips with passengers totaling 10 hours as the taxi app responds to criticism over excessive working hours.

cnn.com

4 South Carolina officers shot after domestic violence call

A man shot and injured four law enforcement officers late Monday and early Tuesday near a South Carolina home, a sheriff's spokesman said, after deputies initially were called there for a complaint of domestic violence.

domesticNews reuters.com

Four South Carolina police wounded exchanging gunfire with suspect

(Reuters) - A police officer and three sheriff's deputies were shot and wounded as they tried to apprehend a man accused of domestic violence early Tuesday morning in South Carolina's York County, the sheriff's office said.

technologyNews reuters.com

Google to expand cloud infrastructure with new regions, submarine cables

(Reuters) - Alphabet Inc's Google said on Tuesday it would add five regions and build three new submarine cables as it expands its infrastructure for cloud customers.

environmentNews reuters.com

Without rain, South Africa's Cape Town may run out of water by April

CAPE TOWN (Reuters) - South Africa's Cape Town, one of the world's iconic tourist destinations, could run out of water by April as the city's worst drought in a century risks forcing residents to join queues for emergency rations.

businessNews reuters.com

GE to take $6.2 billion charge in its finance arm

(Reuters) - General Electric Co will record an after-tax charge of $6.2 billion in its fourth quarter results as part of an ongoing review of its finance arm's insurance portfolio, the company said.

technologyNews reuters.com

Qatar central bank to consider topic of virtual currencies: governor

DOHA (Reuters) - Qatar's central bank will consider the topic of virtual currencies and there may be an opportunity in the future to introduce them in Qatar, central bank governor Sheikh Abdullah bin Saud al-Thani said on Tuesday.

environmentNews reuters.com

BP Deepwater Horizon costs balloon to $65 billion

LONDON (Reuters) - BP said on Tuesday it would take a new charge over the 2010 Deepwater Horizon spill after again raising estimates for outstanding claims, lifting total costs to around $65 billion.

technologyNews reuters.com

Qatar central bank chief: will consider issue of virtual currencies

DOHA (Reuters) - Qatar's central bank will consider the issue of virtual currencies and there may be opportunity in future to introduce them in Qatar, central bank governor Sheikh Abdullah bin Saud al-Thani said on Tuesday.

cnn.com

Billion dollar US embassy opens in London

The new US embassy in London opened its doors to the public for the first time on Tuesday, a billion dollar glass monolith presiding over a former industrial site south of the city.

cnn.com

The South prepares for wintry mix of snow and ice

Snow and ice are coming to Southern states that aren't so accustomed to seeing such frosty conditions.

environmentNews reuters.com

BP to take $1.7 billion Deepwater Horizon charge

LONDON (Reuters) - BP said on Tuesday it expected to take a post-tax non-operating charge of around $1.7 billion in its fourth quarter results as part of the settlement of the deadly 2010 Deepwater Horizon spill in the United States.

worldNews reuters.com

South Korean charged with murder of wife, son at Hong Kong Ritz-Carlton

HONG KONG (Reuters) - A South Korean man was formally charged on Tuesday with murdering his wife and six-year-old son at the five-star Ritz-Carlton hotel in Hong Kong.

sportsNews reuters.com

Plan for joint Olympics team with North gets icy reception in South Korea

SEOUL (Reuters) - While Seoul forges ahead with plans to use the upcoming Winter Olympics to showcase inter-Korean unity, some South Korean athletes are "furious" at proposals to form joint teams with North Koreans, highlighting a broader lack of enthusiasm for some of the government’s peace-making plans.

technologyNews reuters.com

JD.com widens Southeast Asia presence by investing in Vietnam's Tiki.vn

BEIJING (Reuters) - Chinese online retailer JD.com Inc has made an investment in Vietnamese e-commerce firm Tiki.vn, expanding its Southeast Asia business amid growing competition in the region from Alibaba Group Holding Ltd and Amazon.com Inc.

companyNews reuters.com

UPDATE 1-JD.com widens Southeast Asia presence by investing in Vietnam's Tiki.vn

* JD.com co-leads investment in Tiki.vn with Vietnam's VNG Corp

technologyNews reuters.com

Google says "no changes" to mapping platform in China after report

BEIJING (Reuters) - Alphabet Inc's Google said on Tuesday it has made "no changes" to its mapping platform in China, denying an earlier media report that claimed it was re-launching the function in China, where many of its services are blocked.

worldNews reuters.com

Japan investigates how to evacuate citizens from South Korea in crisis: report

TOKYO (Reuters) - Japan is examining how to evacuate its roughly 60,000 citizens from South Korea in the event of a crisis that closes airports, with military ships being used as shuttles, a Japanese newspaper reported on Tuesday.

cnn.com

Russia's hidden world of North Korean labor

In pre-fabricated buildings, down a muddy track on the outskirts of St. Petersburg lies a world of hidden North Korean labor in Russia.

technologyNews reuters.com

JD.com, VNG Corp lead investment in Vietnamese e-commerce firm Tiki.vn

BEIJING (Reuters) - Chinese online retail firm JD.com Inc said on Tuesday it has led an investment in Vietnamese e-commerce firm Tiki.vn, expanding its Southeast Asia business amid competition from Alibaba Group Holding Ltd and Amazon.com Inc.

companyNews reuters.com

BRIEF-Vermilion Energy Announces Acquisition Of Oil Assets In Southeast Saskatchewan And Southwest Manitoba

* VERMILION ENERGY INC. ANNOUNCES ACQUISITION OF OIL ASSETS IN SOUTHEAST SASKATCHEWAN AND SOUTHWEST MANITOBA

companyNews reuters.com

Global carmakers to invest at least $90 billion in electric vehicles

DETROIT, Jan 15 (Reuters) - Ford Motor Co's plan to double its electrified vehicle spending is part of an investment tsunami in batteries and electric cars by global automakers that now totals $90 billion and is still growing, a Reuters analysis shows.

technologyNews reuters.com

BlackBerry launches cybersecurity software for self-driving cars

(Reuters) - Canadian software maker BlackBerry Ltd on Monday launched a new cybersecurity software, which identifies vulnerabilities in programs used in self-driving cars.

technologyNews reuters.com

Google to relaunch map service in China: Nikkei

(Reuters) - Alphabet Inc's Google will relaunch its map service in China after an eight-year absence, Nikkei reported on Monday.

technologyNews reuters.com

Any rule on Bitcoin must be global, Germany's central bank says

FRANKFURT (Reuters) - Any attempt to regulate cryptocurrencies such as Bitcoin must be on a global scale as national or regional rules would be hard to enforce on a virtual, borderless community, a director at Germany's central bank said on Monday.

sportsNews reuters.com

South Korea's speed skaters face tough competition on home ice

(Reuters) - Picking up medals on the fast ice of the Gangneung Oval at the Winter Olympics could be a tall order for South Korea's speed skaters, according to Dutchman Bob de Jong, who is assistant coach of the hosts' national team.

technologyNews reuters.com

Samsung aims to double Africa's share of its revenues in five years

NAIROBI (Reuters) - South Korea's Samsung Electronics plans to double the annual revenue contribution from its African markets to 20 percent of the firm's global total in the next five years, the head of its business on the continent said on Monday.

technologyNews reuters.com

China to block cryptocurrency platforms that allow centralized trading: Bloomberg

BEIJING (Reuters) - Chinese authorities plan to block domestic access to Chinese and offshore cryptocurrency platforms that allow centralized trading, Bloomberg reported Monday citing sources.

worldNews reuters.com

North Korean orchestra to perform in South during Olympics amid easing tensions

SEOUL (Reuters) - North Korea agreed during rare talks on Monday to send a 140-strong orchestra to perform during the Winter Olympics in South Korea next month, Seoul said, amid easing tensions after a months-long standoff over the North's weapons programs.

technologyNews reuters.com

Xiaomi taps CLSA, Morgan Stanley, Goldman for IPO sponsor role: sources

HONG KONG (Reuters) - Xiaomi has tapped CLSA, Goldman Sachs and Morgan Stanley as joint sponsors for its proposed IPO, people with direct knowledge of the matter said, in what could potentially value the Chinese smartphone maker at up to $100 billion.

technologyNews reuters.com

Ant Financial says has received approval for new consumer-credit backed securities

BEIJING (Reuters) - China's Ant Financial Services Group has received approval to issue consumer credit-backed securities to institutional investors and the securities are currently in the pricing process, the company told Reuters on Monday.

technologyNews reuters.com

Auto1 says no need for IPO after Softbank invests

BERLIN (Reuters) - German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial infusion from Japan's Softbank meant it was under no pressure to launch an initial public offering to fund its pan-European growth plans.

sportsNews reuters.com

North Korean orchestra could be music to the ears of Olympic organizers in South

SEOUL (Reuters) - South Korea is expecting a large North Korean delegation at next month's Winter Olympics, likely including the country's main symphony orchestra, the governor for the Games' host province said on Monday, as relations appear to start hitting the right note.

businessNews reuters.com

Exclusive: China's JD.com targets $2 billion fundraising at logistics unit - sources

HONG KONG (Reuters) - China's second-biggest e-commerce firm JD.com has kicked off a fundraising round at its logistics unit with a target of at least $2 billion, and eventually plans to list the business overseas, people with direct knowledge of the matter said.

cnn.com

South Africa to formally protest Trump's remarks

South Africa will issue a diplomatic protest to the United States Monday over US President Donald Trump's "shithole countries" comments, according to its foreign ministry.

worldNews reuters.com

Koreas agree to hold Olympics talks on Wednesday, Seoul says

SEOUL (Reuters) - North and South Korea agreed to hold working talks on Wednesday on the North sending athletes to next month's Winter Olympics in the South, Seoul's unification ministry said, as months-long tensions over the North's weapons programs ease.

worldNews reuters.com

North Korea requests talks on Olympics with South on Jan. 17: South Korea

SEOUL (Reuters) - North Korea has requested working talks on sending its athletes to the Pyeongchang Winter Olympics be held on Jan. 17 at the truce village of Panmunjom, the South's unification ministry said in a mobile text message.

businessNews reuters.com

SoftBank considers IPO for Japan wireless unit, said to seek $18 billion

TOKYO (Reuters) - SoftBank Group Corp said on Monday it was considering listing its Japanese wireless business, seeking to raise a reported $18 billion in a move that would accelerate the conglomerate's transformation into one of the world's biggest tech investors.

cnn.com

North and South Korea to meet again

High-level officials from North and South Korea are meeting again Monday -- a follow-up to last week's diplomatic breakthrough.

businessNews reuters.com

Ford plans $11 billion investment, 40 electrified vehicles by 2022

DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

companyNews reuters.com

UPDATE 3-Ford plans $11 billion investment, 40 electrified vehicles by 2022

DETROIT, Jan 14 (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

technologyNews reuters.com

End of a chip boom? Memory chip price drop spooks investors

SEOUL (Reuters) - After a blistering year-and-a-half long surge, a sudden drop in some memory prices, followed by Samsung Electronics Co's disappointing profit estimate, is causing jitters among investors who had bet the chip boom would last at least another year.

businessNews reuters.com

SoftBank plans $18 billion IPO of mobile phone unit: Nikkei

TOKYO (Reuters) - SoftBank Group plans to list its mobile phone business and raise some US$18bn, the Nikkei newspaper has said, a spin-off that would complete the Japanese telecoms conglomerate's transformation into a global technology investor.

technologyNews reuters.com

South Korea says planned ban on cryptocurrency market not yet finalized

SEOUL (Reuters) - South Korea said on Monday that its plans to ban virtual coin exchanges had not yet been finalized as government agencies were still in talks to decide how to regulate the market.

businessNews reuters.com

VW to spend more than $3.3 billion through 2020 on U.S. model expansion

DETROIT (Reuters) - Volkswagen plans to spend more than $3.3 billion on development and production of new models in North America from 2018 to 2020 as the German group reboots operations in the world's second-largest auto market.

technologyNews reuters.com

Jaguar Land Rover to open R&D center for automated tech in Ireland

LONDON (Reuters) - Britain's biggest carmaker Jaguar Land Rover said on Monday it would open a software engineering center in Ireland, creating 150 jobs to work on advanced automated driving and electrification technologies.

businessNews reuters.com

Softbank plans $18 billion IPO of mobile phone unit this year: Nikkei

TOKYO (Reuters) - SoftBank Group Corp plans to list its mobile-phone business and raise some $18 billion, the Nikkei newspaper said, a spin-off that would complete the Japanese telecoms conglomerate's transformation into a global technology investor.

businessNews reuters.com

Ford plans $11 billion investment, 40 electric vehicles by 2022

DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

companyNews reuters.com

UPDATE 2-Ford plans $11 billion investment, 40 electric vehicles by 2022

DETROIT, Jan 14 (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

businessNews reuters.com

Ford ups electric vehicle plans to $11 billion by 2022: executive

(Reuters) - Ford Motor Co will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday at the Detroit auto show.

companyNews reuters.com

UPDATE 1-Ford ups electric vehicle plans to $11 billion by 2022 - executive

Jan 14 (Reuters) - Ford Motor Co will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday at the Detroit auto show.

cnn.com

Pope faces tensions on South America trip

Pope Francis' trip to South America this week is supposed to be all about peace, unity and hope. But the pontiff could also be welcomed with protests, threats of violence and controversy over allegations of abuses by the Catholic Church.

companyNews reuters.com

Ford to increase electric vehicle investment to $11 billion - executive

Jan 14 (Reuters) - Ford Motor Co will increase to $11 billion its investments in electric vehicles, Jim Farley, the company's head of global markets, said on Sunday at the Detroit auto show.

technologyNews reuters.com

Softbank plans $18 billion IPO of mobile phone unit as soon as spring: Nikkei

TOKYO (Reuters) - SoftBank Group Corp plans to list its core mobile-phone unit in Tokyo and overseas as early as this spring, raising some 2 trillion yen ($18 billion) in one of Japan's biggest initial public offerings, the Nikkei newspaper said on Monday.

technologyNews reuters.com

French telcos to spend $3.7 billion to plug network gaps

PARIS (Reuters) - France's mobile telephone operators will spend more than 3 billion euros ($3.7 billion) rolling out a 4G network to ensure there are no coverage gaps by 2020, a government minister said.

technologyNews reuters.com

Softbank invests 460 million euros in Germany's Auto1: sources

BERLIN (Reuters) - Japan's Softbank will invest 460 million euros ($561 million) in used-car dealing platform Auto1, marking the first investment in Germany by its Vision Fund, according to sources familiar with the matter.

environmentNews reuters.com

Strong earthquake in southern Peru leaves one dead, scores injured

LIMA (Reuters) - A strong magnitude-7.1 earthquake struck the coast of southern Peru on Sunday morning, killing one person, injuring scores and causing homes and roads to collapse.

companyNews reuters.com

UPDATE 7-Strong earthquake in southern Peru leaves one dead, scores injured

LIMA, Jan 14 (Reuters) - A strong magnitude-7.1 earthquake struck the coast of southern Peru on Sunday morning, killing one person, injuring scores and causing homes and roads to collapse.

technologyNews reuters.com

U.S. transport chief to unveil revised self-driving car guidelines

DETROIT (Reuters) - The Trump administration plans to unveil revised self-driving car guidelines this summer as the government works to rewrite regulations that pose legal barriers to robot vehicles, U.S. Transportation Secretary Elaine Chao said on Sunday.

technologyNews reuters.com

Saudi Electricity signs deal with Japanese firms for first EV pilot

KHOBAR, Saudi Arabia (Reuters) - State-controlled Saudi Electricity Co (SEC) has signed a deal with Japanese Tokyo Electric Power Co (TEPCO), Nissan Motor Co and Takaoka Toko for the first electric vehicle (EV) pilot project in the world's largest oil exporter, it said on Sunday.

environmentNews reuters.com

Strong earthquake in southern Peru leaves one dead, dozens injured

LIMA (Reuters) - A strong magnitude 7.1 earthquake struck the coast of southern Peru on Sunday morning, leaving one dead and several dozen injured while causing homes and roads to collapse.

companyNews reuters.com

UPDATE 6-Strong earthquake in southern Peru leaves one dead, dozens injured

LIMA, Jan 14 (Reuters) - A strong magnitude 7.1 earthquake struck the coast of southern Peru on Sunday morning, leaving one dead and several dozen injured while causing homes and roads to collapse.

environmentNews reuters.com

Strong earthquake in southern Peru leaves two dead, 17 missing

LIMA (Reuters) - A strong magnitude 7.1 earthquake struck the coast of southern Peru on Sunday morning, leaving two dead, 17 missing and several dozen injured, while causing homes and roads to collapse.

companyNews reuters.com

UPDATE 5-Strong earthquake in southern Peru leaves two dead, 17 missing

LIMA, Jan 14 (Reuters) - A strong magnitude 7.1 earthquake struck the coast of southern Peru on Sunday morning, leaving two dead, 17 missing and several dozen injured, while causing homes and roads to collapse.

environmentNews reuters.com

Strong earthquake in southern Peru leaves one dead, 20 injured

LIMA (Reuters) - A strong earthquake struck the coast of southern Peru on Sunday morning, the U.S. Geological Survey (USGS) said, leaving one dead and around 20 injured and causing homes and roads to collapse.

companyNews reuters.com

UPDATE 4-Strong earthquake in southern Peru leaves one dead, 20 injured

LIMA, Jan 14 (Reuters) - A strong earthquake struck the coast of southern Peru on Sunday morning, the U.S. Geological Survey (USGS) said, leaving one dead and around 20 injured and causing homes and roads to collapse.

worldNews reuters.com

South Africa protests to U.S. embassy over Trump "shithole" remark

JOHANNESBURG (Reuters) - South Africa has protested to the U.S. embassy in Pretoria about reported remarks by U.S. President Donald Trump that some immigrants from Africa and Haiti come from "shithole" countries.

worldNews reuters.com

South Africa's ANC leader says issue of Zuma's future "will be dealt with": eNCA

JOHANNESBURG (Reuters) - The new leader of South Africa's ruling African National Congress (ANC) party, Cyril Ramaphosa, said in an interview broadcast on Sunday that the issue of whether President Jacob Zuma should step down "will be dealt with."

environmentNews reuters.com

Strong earthquake hits coast of southern Peru, minor damage reported

LIMA (Reuters) - A strong earthquake struck the coast of southern Peru on Sunday morning, the U.S. Geological Survey (USGS) said, causing damage to some homes, collapsing roads and injuring around 20 people.

environmentNews reuters.com

Strong earthquake hits coast of southern Peru, no damage reported

LIMA (Reuters) - A strong earthquake struck the coast of southern Peru on Sunday morning, the U.S. Geological Survey (USGS) said.

environmentNews reuters.com

Magnitude 7.3 earthquake hits 124 km southwest of Puquio, Peru: USGS

(Reuters) - An earthquake with a magnitude of 7.3 struck about 124 km southwest of Puquio, Peru, on Sunday, the U.S. Geological Survey (USGS) said.

worldNews reuters.com

Hong Kong police arrest South Korean suspected of murdering wife, son at Ritz-Carlton

HONG KONG (Reuters) - Hong Kong police arrested a South Korean man on suspicion of murder on Sunday after his wife and seven-year-old son were found dead in a room at the five star Ritz-Carlton hotel.

H & M Hennes & Mauritz AB nytimes.com

H&M Closes Stores in South Africa Amid Protests Over ‘Monkey’ Shirt

Outrage over a photograph of a black child modeling a sweatshirt with the words “coolest monkey in the jungle” led to protests in several cities.

technologyNews reuters.com

French telcos commit three billion euros to cover network black spots: report

PARIS (Reuters) - France's mobile telephone operators will spend more than 3 billion euros ($3.7 billion) rolling out a 4G network in black spots across the country to ensure there are no coverage gaps by 2020, according to a government minister.

cnn.com

H&M closes South Africa stores amid protests

sportsNews reuters.com

Paisley holds one-shot lead in South African Open

JOHANNESBURG (Reuters) - Chris Paisley of England carded a round of 70 on Saturday to hold a one-stroke lead going into the final round of the European Tour’s South African Open at the Glendower Golf Club.

businessNews reuters.com

South African protesters ransack H&M stores over 'racist' ad

JOHANNESBURG (Reuters) - Protesters angered by a "racist" H&M advertisement ransacked several of the Swedish fashion group's South African stores on Saturday.

Abortion nytimes.com

Push to End South Korea Abortion Ban Gains Strength, and Signatures

While the country’s ban on abortion is rarely enforced, the procedure is illegal with just a few exceptions, putting women at risk of prosecution and creating a culture of shame, activists say.

topNews reuters.com

South Korea and North Korea to hold working-level talks on January 15

SEOUL (Reuters) - North Korea and South Korea have agreed to hold working-level talks at the Tongil Pavilion on the North Korean side of the truce village of Panmunjom on Jan. 15, South Korea's unification ministry said in a statement on Saturday.

worldNews reuters.com

South Africa to target investment, graft under new ANC leader

EAST LONDON, South Africa (Reuters) - South Africa wants to attract foreign investors to help it kick-start economic growth and eradicate poverty and will crack down on corruption, the new leader of the ruling African National Congress said on Saturday.

environmentNews reuters.com

Magnitude 6.0 quake hits southeast of Solomon Islands - USGS

(Reuters) - An earthquake with a magnitude of 6.0 struck about 158 km (100 miles) southeast of the Solomon Islands in the Pacific on Saturday, the U.S. Geological Survey (USGS) said.

topNews reuters.com

South Korea and North Korea to hold working-level talks on January 15: Yonhap

SEOUL (Reuters) - North Korea and South Korea have agreed to have working-level talks on Jan. 15 at the Tongil Pavilion on the North Korean side of the truce village of Panmunjom, news agency Yonhap reported.

worldNews reuters.com

South Africa 'open for investment', new ANC leader Ramaphosa says

EAST LONDON, South Africa (Reuters) - South Africa is open for investment and wants to offer policy certainty as it seeks to increase economic growth and eradicate poverty, the new leader of the ruling African National Congress said on Saturday.

Olympic Games (2018) nytimes.com

Olympics Officials Discuss a Potential First: A Unified Korean Hockey Team

South Korea proposed that the two Koreas field a joint women’s hockey team at the Pyeongchang Games next month. North Korea wouldn’t say whether it supported the idea.

sportsNews reuters.com

South Korea says North Korea suggested talks to send performance group to winter olympics

SEOUL (Reuters) - South Korea's unification ministry said on Saturday that North Korea has proposed working-level talks on the prospects of sending its performance 'art' group to the winter olympics held in the South.

sportsNews reuters.com

North Korea says IOC is considering South Korea's proposal for united women's hockey team: Yonhap

SEOUL (Reuters) - North Korea's International Olympics Committee (IOC) official said it is considering South Korea's proposal for a united female hockey team, Yonhap news agency reported on Saturday.

technologyNews reuters.com

Exclusive: Current and former Uber security staffers cast doubt on spying claims

SAN FRANCISCO (Reuters) - The former security chief of Uber Technologies Inc. [UBER.UL] swore in a closed legal proceeding that he knew of no attempts to steal trade secrets from anyone, including Alphabet Inc's self-driving unit Waymo, and would be "shocked" if that had occurred.

technologyNews reuters.com

Ex-mobile phone industry executive gets five years for text message scam

NEW YORK (Reuters) - A former mobile phone industry executive was sentenced to five years in prison on Friday after he was found guilty of defrauding cellphone customers by charging them millions of dollars for unwanted text messages.

technologyNews reuters.com

Google removes gaming apps with pop-up porn malware

(Reuters) - Alphabet Inc's Google said on Friday it took down 60 gaming applications after security firm Check Point said it had discovered new malicious software in the apps available to both children and adults at Google Play Store.

technologyNews reuters.com

Facebook changes News Feed; investors click on 'sad'

(Reuters) - Shares of Facebook Inc fell more than 4 percent on Friday and were on track for their worst session in more than three months after Chief Executive Mark Zuckerberg announced changes that he said would hit user engagement in the near term.

technologyNews reuters.com

Researchers find pop-up porn malware on Google game apps

BERLIN (Reuters) - Security firm Check Point on Friday said it had discovered new malicious software on 60 gaming apps available to both children and adults at Google Play Store that displayed pornographic ads and tried to trick users into buying premium services.

companyNews reuters.com

UPDATE 1-South Korea seeks trade sanctions on US as disputes pile up

GENEVA, Jan 12 (Reuters) - South Korea has asked the World Trade Organization for authorisation to impose annual trade sanctions worth at least $711 million on the United States, a filing published by the World Trade Organization showed on Friday.

companyNews reuters.com

BRIEF-General Dynamics Awarded $1 Billion Contract To Deliver Armored Vehicles To Romanian Army

* GENERAL DYNAMICS AWARDED $1 BILLION CONTRACT TO DELIVER PIRANHA 5 WHEELED ARMORED VEHICLES TO ROMANIAN ARMY

technologyNews reuters.com

After rejecting Uber, London renews Addison Lee's license

LONDON (Reuters) - London has renewed premium car service Addison Lee's license to operate in the capital for the next five years, less than four months after Uber [UBER.UL] was stripped of its license.

businessNews reuters.com

Wells Fargo adds $3.25 billion to consumer legal bill in fourth quarter

(Reuters) - Wells Fargo & Co set aside $3.25 billion in the fourth quarter to cover legal expenses related to probes into its mortgage and sales practices, but its 2018 cost outlook met analyst expectations as the bank tries to rebound from the scandal in its consumer banking business.

Banking and Financial Institutions nytimes.com

JPMorgan’s 4th-Quarter Profit Weathers $2.4 Billion Charge Tied to Tax Bill

The banking giant earned $4.2 billion after taking a $2.4 billion charge linked to the tax overhaul. Wells Fargo reported $6.2 billion in quarterly earnings after a $173 million charge.

sportsNews reuters.com

Curling: A stone's throw, from Scottish island to Korean ice

MAUCHLINE, Scotland (Reuters) - John Brown has lovingly polished each and every one of the curling stones to be used at the Pyeongchang Olympics, buffing and burnishing the granite in a workshop whose machines look older than him.